$22.7Bn Loan: Exclusion of South East is one wrong step too far – Kalu

OHAFIA-TV News | $22.7Bn Loan: Exclusion of South East is one wrong step too far - Kalu

Following the controversial and ill conceived approval of another loan $22.7Bn loan for the borrowing administration of President Mohammadu Buhari and revealed breakdown of the projects for which the said loan is being targeted to achieve, in lieu, that South East region was totally excluded.

A chieftain of PDP and Director General of Global Initiative for Good Governance, Chief Dr Emeka Kalu has reacted to what he termed as thoughtless acts that are capable of further breaching the precarious and uncertain peace of the nation since inception of Buhari’s administration.

In a statement he issued from his Abuja office and signed by his media and publicity aide, Comr Amos Kalu on Monday, he took his time to outline the insensitivity and greed of such national policy of sectionalism, tribalism that is rife with unreserved bigotry of the highest order.

In his Submissions, Chief Kalu argued and warned:
“GONE are those days when we the patriotic citizens from the South East just keep quiet over well articulated policies aimed at marginalising our region and expect that all will be well, it is a wrong and unsafe assumption by anyone.

“It is clear and incontrovertible reality that President Buhari had intentionally excluded Southeast in the picture since the inception of his administration and we sucked it in and moved on because we know that power is transient, he cannot remain the president of Nigeria forever.

READ ALSO  Nuno Nabiam tells ECOWAS to prevail on DSP for Sissoco Embaló to take office as PR

“We have been schemed out of almost every loans collected in the name of Nigeria which we will be part of paying back, but systematically, every possible projects from roads to rail road development to industrialisation beside the already established plot of excluding the Southeast in the entire structure of the nation, has continued to crawl at snail pace waiting for the next electioneering period.

“From abandoned international airport to abandoned road projects to no rail projects and the nightmare called 2nd Niger bridge, all has been set aside because there’s a determined effort to undermine the region in terms of development, forcing the people to rely on self help to tag along.

“But taking another loan on behalf of the entire nation but excluding Southeast again is unacceptable to us and we are putting the world on notice that this is a clear message to the region that they do not belong to Nigeria and such action should be halted to avoid creating tension in already tensed nation like Nigeria. Enough is enough” he said.

Chief Kalu further contended: “If South East and especially Ndigbo still belong to Nigeria and if Buhari is not there to be the president of a particular region of Nigeria, there must be a fair distribution of our collective wealth because the loans in question are already part of our liability.

“We are outrightly rejecting the arrangement and demand it must be reviewed to include Southeast region in the interest of one Nigeria. Forcing the Senators down from pointing these Lacuna out from the bill will not shut the entire Southeast up because it is our future that is being mortgaged when we are not even benefiting from its proceed.

“This is one wrong turn too far for the government of President Mohammadu Buhari that has already succeeded in dividing Nigeria along ethnic and religious lines. This singular action will only worsen the precarious state and I am calling on Buhari and his handlers to do the needful and save what is left of our dying unity” the statement concludes.


Support OHAFIA-TV NEWS’ journalism of integrity and credibility.

Factually, good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country, we ask you to consider making a modest support to this noble endeavor.

By contributing to OHAFIA-TV NEWS, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all. PLEASE:


For Adverts, inquiries, or publication updates, please click the number (08082149747) to call directly chat with us on Whatsapp; Or send an e-mail to [email protected]

Notify of
Inline Feedbacks
View all comments

You May Have Missed

Would love your thoughts, please comment.x